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The Role of Proximity in Foreclosure Externalities : Evidence from Condominiums

Fisher, Lynn M. - 2014

We measure the effect of foreclosures on the sale prices of nearby properties using a dataset of condominiums in Boston. A foreclosure in the same association and at the same address depresses the sale price by 2.5 percent, but properties in the same association but located at a different...

Persistent link: https://www.econbiz.de/10012458584

Testing for Information Asymmetries in Real Estate Markets

Kurlat, Pablo - 2014

. In residential real estate markets hard-to-observe neighborhood characteristics are a key source of information … heterogeneity: sellers are usually better informed about neighborhood values than buyers, but there are some sellers and some buyers … subsequent house-price declines and demographic changes in that neighborhood. This effect is larger for houses whose value …

Persistent link: https://www.econbiz.de/10012458789

A Long Term Perspective on the Euro

Bordo, Michael D. - 2008

This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...

Persistent link: https://www.econbiz.de/10012464832

Do the Retired Elderly in Europe Decumulate Their Wealth? The Importance of Bequest Motives, Precautionary Saving, Public Pensions, and Homeownership

Horioka, Charles; Ventura, Luigi - National Bureau of Economic Research - 2022

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the … average wealth accumulation rate of the retired elderly in Europe is positive though relatively moderate (6.6% over a 3-year …

Persistent link: https://www.econbiz.de/10013388826

Financing Long-Term Care in Europe : Institutions, Markets and Models

Costa-Font, Joan (ed.); Courbage, Christophe (ed.) - 2012

Forecasts predict that those in need of long-term care in Europe will double in the next 50 years. This book offers a … demand and supply factors underpinning the development of financial instruments to cover long-term care in Europe …

Persistent link: https://www.econbiz.de/10012053966

Europe and Globalization

Kierzkowski, Henryk (ed.) - 2002

Europe and Globalization is 'what did Europe do for globalization in the past, and what is globalization doing for Europe … today?' The contributors to the volume assess this complex process, and Europe's role within it. Bringing together a team of …

Persistent link: https://www.econbiz.de/10012054371

Eurasian Integration : Challenges of Transcontinental Regionalism

Vinokurov, Evgeny; Libman, Alexander - 2012

The Eurasian continent, which has for over a century lagged behind in global markets, is currently gaining economic and political momentum. This book investigates emerging economic linkages in the area, examining the factors shaping this integration, the benefits and risks involved, and the...

Persistent link: https://www.econbiz.de/10012106360

Wohnungsbau in Europa bis 2003: Stabilisierung bei 2 Millionen fertiggestellten Wohnungen

Rußig, Volker - In: ifo Schnelldienst 54 (2001) 15, pp. 20-25

Wohnungsneubau in Europa (15 west- und vier ostmitteleuropäische Länder) in den Jahren 2001 bis 2003 als einziger Baubereich … Wohngebäuden steigt in Europa im laufenden Jahr auf über 2 Millionen (+2½%) und hält dieses hohe Niveau bis 2003, obwohl außer in …

Persistent link: https://www.econbiz.de/10011691778

Wohnungsneubau in Europa: 2002 wird die Talsohle erreicht - Ausgewählte Ergebnisse der EUROCONSTRUCT-Sommerkonferenz 2002 in Dublin

Rußig, Volker - In: ifo Schnelldienst 55 (2002) 13, pp. 25-32

Nach den Vorausschätzungen der EUROCONSTRUCT-Partnerinstitute, die sich am 6. und 7. Juni 2002 in Dublin zur 53. EUROCONSTRUCT-Konferenz trafen, wird die Zahl der fertiggestellten Wohneinheiten in neu errichteten Wohngebäuden im laufenden Jahr um über 100 000 WE auf etwa 1,95 Mill. Wohnungen...

Persistent link: https://www.econbiz.de/10011691906

Bauwirtschaft in Europa: Erst mittelfristig wieder steigende Produktion

Rußig, Volker - In: ifo Schnelldienst 56 (2003) 17, pp. 15-21

Nach dem leichten Rückgang im vergangenen Jahr auf knapp 978 Mrd. € wird das aggregierte Bauvolumen der 19 Euroconstruct-Länder 2003 über Stagnation kaum hinaus kommen und auch im nächsten Jahr nur wenig ansteigen. Im Ausblick auf 2005 zeichnen die Institute aus 15 westeuropäischen und...

Persistent link: https://www.econbiz.de/10011692063